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Hub Group, Inc. - HUBG STOCK NEWS

Welcome to our dedicated news page for Hub Group (Ticker: HUBG), a resource for investors and traders seeking the latest updates and insights on Hub Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hub Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hub Group's position in the market.

Rhea-AI Summary
Hub Group, Inc. (HUBG) will host a conference call to discuss its first quarter 2024 results, accessible via webcast or telephone. The call will be followed by a press release, with an audio replay available for 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
Tags
-
Rhea-AI Summary
Hub Group, Inc. declared a quarterly cash dividend of $0.125 per share on its Class A and Class B Common Stock, part of its growth-focused capital allocation plan. The dividend is set to be paid on March 27, 2024, to stockholders of record as of March 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
dividends
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Rhea-AI Summary
Hub Group, Inc. announced a stock split and reported Q4 diluted EPS of $0.46 and $2.62 for the full year. Adjusted EPS of $0.54 and $2.68 for the full year. Full year revenue of $4.2 billion. 2024 outlook includes expected revenue of $4.6 billion to $5.0 billion and diluted EPS of $2.00 to $2.50.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.88%
Tags
Rhea-AI Summary
Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call on February 1, 2024, to discuss its fourth quarter 2023 results. The call will be webcast and accessible through the Investors link on Hub Group’s website. Those interested in participating in the question-and-answer session should pre-register to receive the dial-in number and unique PIN. An audio replay will be available through the Investors link on the Company's website for 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
-
News
Rhea-AI Summary
Hub Group, Inc. (NASDAQ: HUBG) has announced a 2-for-1 stock split of its Class A Common Stock in the form of a one-time special stock dividend. Each stockholder of record of Hub Group’s Class A Common Stock and Class B Common Stock at the close of business on Tuesday, January 16, 2024 will receive one share of Class A Common Stock for each share held on the record date, with the distribution to occur on Friday, January 26, 2024 and trading to begin on a split-adjusted basis on Monday, January 29, 2024. This stock split is part of Hub Group’s previously announced growth-focused capital allocation plan and is designed to improve market liquidity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
none
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Rhea-AI Summary
Hub Group, Inc. (NASDAQ: HUBG) has acquired Forward Air Final Mile (“FAFM”), a subsidiary of Forward Air Corporation (NASDAQ: FWRD), for $262 million in cash. This acquisition increases Hub Group’s LTM Final Mile revenue from $192m to $481m, diversifies non-asset based logistics services, and adds appliance delivery and installation capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.62%
Tags
Rhea-AI Summary
Hub Group, Inc. (NASDAQ:HUBG) to Participate in Fireside Chat at Stephens Annual Investment Conference on Nov. 14, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
conferences
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Rhea-AI Summary
Hub Group, Inc. will participate in a fireside chat at Baird’s 2023 Global Industrial Conference on Nov. 8 at 10:15am ct. A live webcast of the discussion will be available at https://wsw.com/webcast/baird71/hubg/1905852. A replay of the webcast will be available for 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.72%
Tags
conferences
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Rhea-AI Summary
Hub Group, Inc. announced third quarter 2023 net income of $30 million, and diluted earnings per share of $0.97. The company also announced a comprehensive growth-focused capital allocation plan. Third quarter results were impacted by lower gain on sale of assets, increased repair and maintenance expense, higher medical claims expense, and an increase in allowance for customer receivables.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.03%
Tags
Rhea-AI Summary
Hub Group, Inc. to hold conference call to discuss Q3 2023 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
Hub Group, Inc.

Nasdaq:HUBG

HUBG Rankings

HUBG Stock Data

2.57B
60.94M
1.23%
95.45%
1.9%
Postal Service
Transportation and Warehousing
Link
United States
Oak Brook

About HUBG

hub group, a leading $3.6 billion transportation management company, provides more than 44 years of time-tested intermodal, truck brokerage and logistics services throughout north america. intermodal solutions hub group’s strategy is not only innovative and customized, but it’s also incredibly effective – providing you access to a fleet of more than 29,300 of hub group’s 53-foot freight containers and over 79,500 rail assets that offer the most flexible and reliable intermodal shipping service operating throughout north america. hub group arranges for the movement of its customers' freight in containers and trailers by contracting with railroads to provide transportation over the long-haul portion of the shipment and with local trucking companies for pickup and delivery. plus, hub group negotiates rail and drayage rates, electronically tracks shipments in transit, consolidates billing and handles claims on behalf of its customers. drayage solutions hub group's wholly-owned subs